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In the news: Earnings from Boeing, Chesapeake's CEO steps down, Blackberry 10 launches and more

Headlines this morning include earnings from Boeing and Hawaiian Airlines, Chesapeake's CEO stepping down, drug approval for Isis, Kinder Morgan expanding its reach in the natural gas market and Research in Motion is launching the Blackberry 10 today.

Boeing
Airplane-maker Boeing (BA) said Wednesday that it earned adjusted earnings of $1.28 per share on revenue of $22.38 billion. Analysts had expected EPS of $1.19 per share on sales of $22.36 billion. For 2013 the company expects to earn $5 to $5.20 per share on revenues of $82 billion to $85 billion, assuming “no significant financial impact” from the ongoing investigations into problems with the company's 787 Dreamliner. Analysts expect the company to earn $5.13 per share on $88.18 billion in revenue during 2013. The company said that while it has halted deliveries of the Dreamliner, it has continued to build the planes.

Chesapeake Energy
Chesapeake Energy (CHK) announced Tuesday that Aubrey McClendon, the company's CEO, will step down on April 1. McClendon has been the focal point of several controversies since a Reuters report about the intermingling of his finances with those of the company. McClendon lost his position as the chairman of the company in June after activist shareholders took control of the board. McClendon said in an email to employees that he was leaving due to “philosophical differences” with the company's board. Findings from an investigation into McClendon by the board are scheduled to be released next month, but the company said it has yet to find improper conduct.

Kinder Morgan Energy Partners
Kinder Morgan (KMP), which is primarily a pipeline company, plans to buy Copano Energy (CPNO) for $3.72 billion in cash. The deal will pay $40.91 per Copano unit, a 24% premium to Tuesday's closing price. Kinder Morgan has said it plans to keep most of Copano's 415 workers. The deal adds to Kinder Morgan's pipeline network and also puts the company into the gathering and processing businesses.

Isis Pharmaceuticals
The FDA approved an application from Isis Pharmaceuticals (ISIS) and Genzyme for their drug Kynamro, which is an injectable drug to treat patients with a genetic predisposition toward high LDL cholesterol levels. The drug will be Isis' first product to reach the market.

Research in Motion
Blackberry maker Research in Motion (RIMM) is set to show off the first of its new Blackberry 10 phones today. The oft-delayed Blackberry 10 is widely viewed as the company's chance to save itself after losing market share for years.

Hawaiian Airlines
Hawaiian Airlines (HA) reported a loss of 7 cents per share on revenue of almost $493 million for the fourth quarter.  Adjusted income was about one cent per share. Analysts had expected revenue of $503 million and adjusted income of 11 cents per share. The company said its losses included about $12 million in expenses and almost $9 million in losses on fuel derivatives.

Bobby Raines

Bobby Raines is the Managing Editor of the Market Intelligence Center. He has degrees in Mass Communications and History from Emory & Henry College. Bobby worked at a mid-sized daily newspaper before making a switch to covering the financial industry full time in the years leading up to the financial crisis. He has been a member of the Fresh Brewed Media team since 2011 and has served as a writer and analyst. You can write to him at braines@marketintelligencecenter.com or follow him on Twitter: @BRatMICenter.